The Aggregate Demand Curve

question 250

Multiple Choice

The aggregate demand curve

• A) shifts rightward when the price level increases and leftward when the price level falls.
• B) shifts rightward when taxes are decreased.
• C) shifts rightward when foreign incomes decrease and shifts leftward when foreign incomes increase.
• D) does not shift, unlike market demand curves.

---

Definitions:

Web Services

Software systems designed to support interoperable machine-to-machine interaction over a network, often provided as a way for different applications to communicate with each other using web-based protocols.

Functionality

The specific operations or features that a software or hardware is designed to perform or offer.

Peer-To-Peer

A decentralized communications model in which each party has the same capabilities and either party can initiate a communication session.

Business Model

A conceptual structure that supports the viability of a product or company and explains how the company operates, makes money, and how it intends to achieve its goals.